Seville, Spain and Zurich, Switzerland --- (METERING.COM) --- July 15, 2010 - Landis+Gyr and CURRENT’s European entity CURRENT Technologies International GmbH have entered into a partnership to integrate their technologies to deliver smart, open and interoperable energy management solutions for the Spanish and Portuguese markets.

The partnership will see CURRENT’s PRIME standards-based software embedded into Landis+Gyr’s Gridstream product line, including its state-of-art E450 residential smart electricity meter.
 
“This agreement puts Landis+Gyr in the pole position for the deployment of smart metering in Spain and Portugal,” said Javier Jiménez, CEO of Landis+Gyr Spain. “Together with CURRENT we will build a PRIME interoperable path, which will support utilities – either directly or in stages – in implementing the smart grid.”

“CURRENT partnered with the expertise of Landis+Gyr provides utilities with low investment solutions that are easy to deploy and deliver fast measurable results that get the job done,” added Angel Hernández, general manager of CURRENT Group Europe.

Under the terms of the cooperation agreement, Landis+Gyr will offer CURRENT Smart Grid® products, including meter data concentrator, intelligent sensors and advanced communications equipment, as well as the OpenGrid™ software.

The PRIME (PoweRline Intelligent Metering Evolution) initiative is focused on the development of a new open, public and non-proprietary telecom solution based on OFDM multiplexing in CENELEC-A band to support advanced metering functionalities.